Clinical trials – what you need to knowChubb Commercial Insurance

Conducting clinical trials is a critical part of your company’s development. There are many complex regulatory issues to deal
with and having the correct insurance is a big part of this. It is important you look into your insurance needs early on in
the process. You may also need to consider that the availability and affordability of clinical trial insurance in various
countries may have an impact on where you conduct the trial.

The protocols for a multi national clinical trial are complex and, therefore, often misunderstood. Whilst some countries have
well documented compulsory insurance requirements outlining specific terms and conditions of the policy which must be in place,
others do not.

Early collaboration with Chubb ensures that you have the insurance you need in plenty of time. And most importantly, we have
over a decade of experience navigating the maze of such documentation requirements for clinical studies around the world.

The ethics committees of each worldwide location need a myriad of insurance documentation. Whilst regulations vary and are
subject to change, the information required for each trial includes, but may not be limited to:

Local sponsor information

Protocol study information

Local lead investigator information

Insurance broker contact information

Local legal representative information

We also find that once the documentation has been acquired, various problems can delay the process. Examples of these are: